HyreCar (HyreCar) Net Margin % : -52.46% (As of Sep. 2022)

HyreCar Net Margin % Chart

HyreCar Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Net Margin %	Get a 7-Day Free Trial															-63.71	-34.14	-55.77	-41.67	-52.46

Competitive Comparison of HyreCar's Net Margin %

For the Rental & Leasing Services subindustry, HyreCar's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

HyreCar's Net Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, HyreCar's Net Margin % distribution charts can be found below:

* The bar in red indicates where HyreCar's Net Margin % falls into.

HyreCar Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

HyreCar's Net Margin for the fiscal year that ended in Dec. 2021 is calculated as

HyreCar's Net Margin for the quarter that ended in Sep. 2022 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

HyreCar  (OTCPK:HYREQ) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

HyreCar Net Margin % Related Terms

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HyreCar (HyreCar) Business Description